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IMNSHO if "legal" pot is a person's #1 reason for moving here he/she is an idiot. The COL is higher than the national average and the "legal" stuff is more expensive than the illegal stuff. The ROI on a move based solely on pot is really low.
Life is full of opportunities that don't make sense to non-risk takers. Not everyone can be Richard Branson or Mark Cuban.
Top buyer's markets:
1. Philadelphia
2. Chicago
3. Baltimore
4. Hatford
5. NYC
6. Miami
7. Indianapolis
8. Jacksonville
9. Virginia Beach
10. Orlando
Top Seller's Markets:
1. San Jose
2. San Francisco
3. Denver
4. Seattle
5. Nashville
6. Portland
7. Sacramento
8. Raleigh
9. Salt Lake City
10. San Diego
So hopefully if i were an investor I already had stock in California and I would sit on it because I don't see it stopping soon. Nashville is a sell right now. Would invest in Raleigh/Charlotte. Would invest in the sure bets in FL/TX for quicker returns. I would be trying to eat up properties in the Boston-Washington corridor like Berkshire Hathaway has for the long haul.
Last edited by thedirtypirate; 03-03-2016 at 12:28 PM..
Buy St Louis and Baltimore since those cities hit rock bottom and have nowhere to go but up from this point
Sell Syracuse, Rochester and Buffalo, since Upstate NY is declining by the year, so there is no hope investing there anymore
Definitely agree about Baltimore, I think it's already on its way up, in part because it's an urban alternative right near Washington.
I think Buffalo is also on its way back though - the state is investing a ton of money in the city, and it already has great urban infrastructure for its size, probably because it was once one of the largest cities in the country. Also, maybe not as important, but it probably doesn't hurt that it's only about 90 minutes from one of the fastest growing large metropolitan areas in all of North America (Toronto).
Other cities that I'd say have a lot of upside are Richmond, Virginia and Worcester, Massachusetts.
lol, Denver stopped being a fly over back in the 90's when dozens of tech companies set up campuses out there and Denver opened the newest international airport in the country.
Yeah, Denver is now a layover instead of a flyover.
Sell: As much as I hate to say it (Miami is my dream city to move to), Florida cities, due to sea level rise. Maybe a short-term buy.
Buy: Pac NW cities --> future climate refuges.
I find it amazing at how many people think Miami is going to drown due to Sea Level rise which will take a couple of centuries if true!
Miami is from sea level to over 40 feet above sea level and cities like New York faces a similar threat or did you not see how Hurricane Sandy flooded lower Manhattan and it's subways?
New Orleans is 8-9 feet under Sea level! so why aren't people freaked out about that city? If Sea levels rise New Orleans will drown way before Miami does!
I find it amazing at how many people think Miami is going to drown due to Sea Level rise which will take a couple of centuries if true!
Miami is from sea level to over 40 feet above sea level and cities like New York faces a similar threat or did you not see how Hurricane Sandy flooded lower Manhattan and it's subways?
New Orleans is 8-9 feet under Sea level! so why aren't people freaked out about that city? If Sea levels rise New Orleans will drown way before Miami does!
Miami is over 40 foot above sea level???????? where?
In Dade County the average elevation is six feet above sea level. 40 feet above sea level would be a veritable "mountain" in very flat Miami. Dave Barry had a column where he once once set out to climb Miami-Dade’s tallest mountain, and ended up atop a local garbage dump nicknamed Mt. Trashmore.
The problem is not just sea level its the water under miami , underneath miami and alot of south florida is a very porous limestone, which has already filled with water in miami and along the coast the daily high-water mark has been rising almost an inch a year.
I find it amazing at how many people think Miami is going to drown due to Sea Level rise which will take a couple of centuries if true!
Miami is from sea level to over 40 feet above sea level and cities like New York faces a similar threat or did you not see how Hurricane Sandy flooded lower Manhattan and it's subways?
New Orleans is 8-9 feet under Sea level! so why aren't people freaked out about that city? If Sea levels rise New Orleans will drown way before Miami does!
Miami's top experts on sea level rise see an immense problem with negative consequences (such as in Miami Beach) already at a chronic level and the likelihood of catastrophe by the end of the century.
How can Floridians be in such denial and elect politicians, such as Marco Rubio, who deny the existence of man-made climate change and certainly block any proactive attempts such as increased conservation and fossil fuel taxes to deal with the massive threat not only to Florida, but to mankind?
Why don't you turn off Fox News and do some independent research???
Yeah, Denver is now a layover instead of a flyover.
I wish it was just a layover. Unfortunately people keep getting off the plane and staying.
We're now the most expensive non coastal city for housing - Not exactly a badge of honor.
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